1291 Rumah Lelong Apartment / Condo · Bank Auction Properties
Explore bank auction apartments and condos in Kuala Lumpur and Selangor, where the urban pulse meets suburban convenience. This is a prime region for investors, first-home buyers, and upgraders, offering everything from high-rise city pads to sprawling condo communities. Bank auction properties often start with reserve prices 10-40% below market value, and units that have been passed in or relisted can be even cheaper, a smart way to unlock serious savings. The process is straightforward: register your interest, pay the 10% deposit, and bid on auction day. With a wide selection available, you can find a great deal without the usual market competition. Contact Peter Tan for auction dates, reserve prices, and guidance on the bidding process.
Akoya Residence
No. 23-03, Akoya Residence, Jalan Mutiara 3, Mutiara Heights, 43000, Kajang, Selangor
Bayu Tasik Condominium
No. A-12-5, Blok A, Bayu Tasik Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Amadesa Resort Condominium
No. B-04-12, Block B, Amadesa Resort Condominium, Jalan 5/125, Taman Desa Petaling, 57100 Kuala Lumpur
Residensi 280
No. 10-02, Residensi 280, 1 Km, Lebuhraya Kepong - Selayang, 68100 Batu Caves, Selangor
The Tresor @ Gravit8
No. C-27-13, The Tresor @ Gravit8, Jalan Bayu Laut 6/KS09, Kota Bayu Emas, Pandamar, 41200 Klang, Selangor
13th Floor
No. A-13-02, 13th Floor, Blok A, Monte Bayu Condminium, Jalan Bukit Pandan Bistari 5, Cheras Baru, 56100 Kuala Lumpur
Plaza Metro Prima
No. B-11-09, Block B, Plaza Metro Prima, No. 1, Jalan Metro 1, Metro Prima, Kepong, 52100, Kuala Lumpur
Kondominium Villa Angsana
No. C-17-8, 17th Floor, Block C, Kondominium Villa Angsana, Jalan Krian, Taman Rainbow, 51100 Kuala Lumpur
Kemensah Villa Condominium
No. A-3-5, Kemensah Villa Condominium, Jalan Melati Indah 1, Saujana Melawati, 53100 Kuala Lumpur
5th Floor
No. G-5-3A, 5th Floor, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, 47301 Petaling Jaya, Selangor
KL Traders Square
No. B-20-13A, Block B, KL Traders Square, No. 99, Jalan Gombak, Setapak, 53000 Kuala Lumpur
Fairville Apartment
No. A-8-07, Fairville Apartment, Jalan Usj 22/1, 47630, Uep Subang Jaya, Selangor
Residensi Parkland @ Kajang 2
No. B-17-02, Residensi Parkland @ Kajang 2, Jalan Zamrud 3, 43000 Kajang, Selangor
Juta Mines Kondominium
No. B-18-05, Juta Mines Kondominium, Jalan Tanmin Permai 1, Balakong, 43300, Seri Kembangan, Selangor
Endah Regal Condominium
No. C-16-2, Blok C, Endah Regal Condominium, Jalan 3/149e, Taman Sri Endah, 57000, Kuala Lumpur
Subang Perdana Court 10
No. AF-01-09, Subang Perdana Court 10, Jalan Usj 15, Persiaran Mulia, 47630, Uep Subang Jaya, Selangor
Residensi Pr1ma Alam Damai
No. B4-13-09, 13th Floor, Block B4, Residensi Pr1ma Alam Damai, No. 8, Persiaran Bistari, Alam Damai, 56000 Kuala Lumpur
Jalan Bemban Ampang
No. B-15-12, No. 5, Jalan Bemban Ampang, Off Jalan Ampang, 55000 Kuala Lumpur
Pertiwi Indah Condominium
No. D-10-8, Block D, Pertiwi Indah Condominium, Jalan Pertiwi, Taman Maluri, 55100 Kuala Lumpur
Bayu Tasik 2 Condominium
No. B-5-12, Block B, Bayu Tasik 2 Condominium, Jalan Sri Permaisuri 5, Bandar Sri Permaisuri, 56000 Kuala Lumpur
Palm Spring @ Damansara
No. B-113, Block B, Palm Spring @ Damansara, No. 1, Jalan PJU 3/29, Kota Damansara, 47810 Petaling Jaya, Selangor
Residensi Mutiara
No. B-23-22, Residensi Mutiara, Jalan Zamrud Utama, Sungai Tangkas, 43000 Kajang, Selangor
Masreca 19
No. C-05-06, Block C, Masreca 19, Persiaran Rimba Permai, Cyber 10, 63200 Cyberjaya, Selangor
Skylake Residence
No. B-27-12, Block B, Skylake Residence, Jalan Putra Perdana 5a, Taman Putra Perdana, 47130, Puchong, Selangor
How to Buy an Auction Property in Malaysia
- 1Shortlist properties
Browse auction listings in Malaysia, compare each reserve price against nearby market prices and note the discount. Unsold properties are re-auctioned at a lower reserve, typically dropping 10% per round.
- 2Do your due diligence
Get the Proclamation of Sale (POS), check the land title, quit rent and assessment, outstanding maintenance fees and utility bills, and whether the property is still occupied. For strata units, confirm who settles arrears with the management office.
- 3Arrange financing early
Most banks finance auction purchases, but the balance is due within 90 to 120 days of the auction. Get loan pre-approval before bidding so your deposit is never at risk of forfeiture.
- 4Register and pay the deposit
Register before auction day through the bank's e-Lelong portal or the licensed auctioneer, and prepare a bank draft of 5% to 10% of the reserve price as the deposit. Requirements vary slightly between banks and auction houses.
- 5Bid and complete
Bid on auction day. The winning bidder signs the memorandum of sale on the spot and settles the balance within 90 or 120 days as stated in the POS, after which the transfer is completed. An auction specialist can guide you through every step.
Reminder: auction properties are sold as-is and may come with arrears or occupants, so always complete due diligence first. Contact Peter Tan for free guidance through the whole process. Read the full buying guide →
FAQ · Apartment / Condo
How many auction properties are there in Malaysia?+
There are currently 1291 bank auction (lelong) properties in Malaysia, sourced from major banks and licensed auctioneers and updated regularly.
How much below market are auction properties in Malaysia?+
Reserve prices in Malaysia are typically 10-40% below market value, and drop roughly another 10% each time a property goes unsold.
Can I get a loan for a lelong property in Malaysia?+
Yes, most banks finance auction properties, but the balance is due within 90 to 120 days, so get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Malaysia?+
You typically need a bank draft of 5% to 10% of the reserve price as the deposit. After a successful bid, the balance is due within 90 to 120 days as stated in the Proclamation of Sale.
What are the risks of buying a lelong property in Malaysia?+
Auction properties are sold as-is and may carry outstanding maintenance fees, utility bills or occupants. Review the Proclamation of Sale and do a title search before bidding, or engage a specialist to assess it for you.